India News

Tata Consultancy Services, India's top outsourcing company, said on Monday it does not expect volume growth in the December quarter to match the September quarter as firms are still deciding on IT budgets.

Patna, Nov 23 (IANS) Bihar's main opposition party Rashtriya Janata Dal (RJD) has decided to support the day-long statewide strike call given by the Communist Party of India-Marxist Leninist (CPI-ML) Tuesday to protest the Nitish Kumar government's alleged failure on all fronts after being in power for four years.

Software services firm HCL Technologies on Monday said it won a contract worth $200 million from British insurer Equitable Life.

Tata Consultancy Services (TCS), India's top outsourcing company, said on Monday it does not expect volume growth in the December quarter to match the September quarter as firms are still deciding on IT budgets.

New Delhi, Nov 23 (IANS) India's ambitious mission to ramp up its solar power hundredfold in the next 13 years and reduce dependence on fossil fuels was unveiled here Monday.

Bangalore, Nov 23 (IANS) GE Healthcare, the $17-billion unit of General Electric, Monday unveiled a low-cost portable electrocardiogram (ECG) device for early detection of heart disease.

Chandigarh, Nov 23 (IANS) The Haryana government has awarded a Rs.780-crore contract to Reliance Infrastructure for four-laning the Gurgaon-Faridabad road, state officials said here Monday.

Shares in Reliance Industries rose nearly 4 percent to a one-month high on a view India's biggest firm would steal a bargain with its bid for bankrupt petrochemicals firm LyondellBasell, a deal sources say may be worth $12 billion.

New Delhi, Nov 23 (ANI) : India and the Association of South East Asian Nations (ASEAN) have signed a trade in goods Agreement in August, which is envisaged to come into force with effect from January 2010.

Kolkata, Nov 23 (IANS) An Air India (AI) flight bound for Myanmar's Yangon Monday morning was delayed for several hours at Netaji Subhas Chandra Bose International (NSCBI) airport after a technical snag accidentally caused by a Buddhist monk passenger, an official said.

Chennai, Nov 23 (IANS) Cost-cutting measures by private life insurer HDFC Standard Life Insurance Co. is likely to reduce its planned capital infusion by around Rs.100 crore to Rs.250 crore this fiscal, a top official said Monday.

New Delhi, Nov 23 (IANS) India's markets watchdog has served an amended notice to Reliance Industries asking why it shouldn't be barred from accessing the stock markets under the rules on fraudulent and unfair trade practices and the gains it made of Rs.513 crore not be disgorged.

Mumbai, Nov 23 (IANS) Buoyed by gains in the scrip of one of the largest companies in the country -- Reliance Industries (RIL), a benchmark index of the Indian equities markets shut shop Monday 0.93 percent higher than its previous close.

Mumbai, Nov 23 (IANS) A benchmark index of the Indian equities markets Monday shut shop 0.93 percent higher than its previous close.

Shimla, Nov 23 (IANS) Mobile value-added services (VAS) provider Spice Digital has signed an agreement with Zoom Developers for rolling out mobile governance services in Himachal Pradesh, the company said Monday.

The government is building a "concrete road network" right through India's Naxalite corridor that criss-crosses eight states.

New Delhi, Nov 23 (IANS) The Federation of Indian Chambers of Commerce and Industry (FICCI) Monday signed three agreements for cooperation with three leading US institutions.

New Delhi, Nov 23 (IANS) International Finance Corp (IFC), a member of the World Bank group, will provide trade financing of $51 million to Kotak Mahindra Bank as part of its effort to help small and medium enterprises hit by the global meltdown.

New Delhi, Nov 23 (IANS) India's solar mission will set up, in its first phase, 1,100 MW of solar power through the electricity grid and 200 MW off the grid, with the objective of making solar power as cheap as power from coal by the end of the mission, Minister for New and Renewable Energy Farooq Abdullah said here Monday.

Kolkata, Nov 23 (IANS) Engineering firm McNally Bharat is planning to 'consolidate or separate' its global and Indian subsidiaries by next September.